DEVELOPMENT NOW FOR CHICAGO

CHICAGO, IL, 60607-2082 (708) 365-8003 Est. 2021 EIN 87-3817002
S41— Community Improvement Form 990 501(c)(6)
chicago2024.com

Mission

DEVELOPMENT NOW FOR CHICAGO WAS FORMED TO PROMOTE ECONOMIC DEVELOPMENT AND IMPROVE BUSINESS CONDITIONS IN THE CHICAGO METROPOLITAN AREA BY PROMOTING THE SELECTION OF CHICAGO AS THE SITE OF THE 2024 DEMOCRATIC NATIONAL CONVENTION AND, IF CHICAGO WAS SELECTED, TO SERVE AS THE LOCAL HOST COMMITTEE FOR THE CONVENTION.

Giving Portfolio

Total Grants
2
Total Giving
$61K
Recipients
2
Years Active
2023
Avg grant: $30,295 Median: $30,295

Sectors Funded

Human Services
1
Employment
1

Top States

Illinois
2

Grantee Size Profile

$1M - $5M
2

Top Grantees

Grants Awarded · 2 grants

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Financials

Total Revenue
$81,469,275
Total Expenses
$81,729,660
Net Assets
$8,732,447
12 employees 12,000 volunteers
From latest filing (tax period ending 2024-11-30)

Financial Health

Operating Reserve
1.3 months Low
Net assets / monthly expenses
Year-over-Year Change
Revenue ↑ 543.4%
Expenses ↑ >999%
Revenue Sources
Contributions 97.6% Investment 0.9% Other 2.0%

Officers & Trustees (7)

We treat individual compensation with extra care. Named amounts are on Grow plans.

Filing History (4 filings)

YearRevenueExpensesNet Assets
2023 Form 990
Dec 1, 2023 to Nov 30, 2024
$81,469,275 $81,729,660$8,732,447
2022 Form 990
Dec 1, 2022 to Nov 30, 2023
$12,662,411 $4,760,967$8,992,832
2021 Form 990
Dec 1, 2021 to Nov 30, 2022
$2,255,007 $1,163,619$1,091,388
2021 Form 990
Dec 1, 2021 to Nov 30, 2022
$2,255,007 $1,163,619$1,091,388

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EIN: 87-3817002 · Source: IRS Form 990 e-file data